Member Info for Pictland

Brigger, I suggest you change who you use then. You can buy these shares no problem.

I don't talk down any shares, just counter the utter nonsense which some posters write. Why would I want talk down a share I am invested in? I have better things to do with my time. But hey, you keep believing the ramper / deramper nonsense when it doesn't suit your viewpoint.

Do you think they can apply their new process to existing ASICS?

There is a major world wide problem with the shortage of electronic chips and nowhere near enough capacity to remedy this over the next year or two. That's why I am curious as to how they take this forward. I am pretty sure there are only a limited number of manufacturers and the cost and time to enter the market is very prohibitive.

Do they intend to mine crypto? Or, just file patent applications? Also, I am no expert on ASICS, but doesn't it take a few years and a small fortune to make new ASICS? Do you think they would sell the rights to any new design to the big guns in the market, assuming they were interested.

Obstando, as you can see on this forum, Amran havers regularly. I do find these forums to be comical. They are certainly good for a laugh at times. The notion that the SP will increase 5, 10 or 20 fold for absolutely no sound reason is common, mainly from Amran.

Hi R1bobuk,

The initial plan from CBX was to spend just over £8m by the end of next year. In most cases the spend is always higher than planned. I would guess (and of course it is a guess) that they may be overspending their planned budget because of delays.

Inter Miami ordering any CBX sports products is a possibility Amran, but if it does happen it won't make a blind bit of difference. They need to take this unknown brand to the general public and persuade them to part with their hard earned cash for it to be a success.

It's daft to listen seriously to stuff on these boards, but I am not surprised if some people do follow some of what is written. It's a shame for them, even if they are being careless. It's still a shame. Don't want to see anyone lose money. Although, someone has to lose for someone to gain in the stock market. I just try to counter all the silly hype.

Hi R1bobuk,

I am not convinced that there are many if any paid rampers and derampers on here.

I wouldn't believe most of what people say they have done on here. If someone is daft enough to make investment decisions based on messages here, then it is their look out.

Christmas presents! Who buys this sort of stuff as a Christmas present?

Cue the nonsense posts re the SP.

Hi Amran,
So who do you know sold out because of 2p 'scaremongering'? Thought so, more hot air. Nobody with any sense pays much attention to a small message message board.

Exactly right sterowlands, some on here focus far too much on the when rather than the what.

CBX are doing what they said they would do. Yeah, the progress might be slightly delayed, but they are trying to set up the business. They were clear from the start what their plan was. It's not their problem that the SP was ridiculously over inflated at launch. If people got their fingers burned they can hardly blame CBX. The immediate aim of the company is not going to be focused on doing everything in their power to try and get the SP to shoot to the moon just to keep some investors happy.

Hi R1bobuk,

Fair point. I should have been clearer.

Re money in the bank. CBX plan to spend just over £8m in the first 2 years, of which approximately £2.6m is for marketing. If they are good at targeting likely customers, then they can probably do the marketing at a much lower cost nowadays, instead of the old fashioned expensive routes.

Hi R1bobuk,

As I have said before, I doubt the SP will drop much further because the majority of shares are held by larger investors, those who were/are tied in. If that wasn't the case, I think closer to 2p would be more realistic.

Sure, the SP could double fairly quickly on news and hype, but it will head back down again if the product doesn't fly off the shelves, so to speak. For me, it is all down to the paying customers. If they aren't interested, then CBX are in trouble and it won't matter who is involved, celebrity or not. You can't force people to buy the stuff. That's my big concern. I am not convinced that enough people will but the stuff and repeat buy it, especially if the products sell at a premium prices.

'their' grand plans

Hard to disagree with the_Chuz.

Weeks go by, then months go by, then years go by and nothing actually happens with QBT. All just talk. Whilst others are mining what is left of BTC, QBT just keeps rambling on about there grand plans.

When will they actually do anything constructive?

dodge1029. The rush on CBX at IPO was nothing to do with investors belief in this company. It was all to do with people trying to make a quick buck. Sadly, it seems, a lot of PI's got their fingers burned.

The IPO for CBX was unlike any regular IPO. Normally PI's can't buy in ahead of the launch. This and the hysteria around anything cannabis related and the fact that DB has a few quid invested caused the ridiculous price jump at IPO.

SP now heading back to where it should be based on financials.